{"id":1022438,"date":"2019-01-03T11:08:46","date_gmt":"2019-01-03T11:08:46","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=1022438"},"modified":"2019-01-03T11:08:46","modified_gmt":"2019-01-03T11:08:46","slug":"ryde-is-top-town-for-uk-house-price-growth","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-hk\/2019\/01\/03\/ryde-is-top-town-for-uk-house-price-growth\/","title":{"rendered":"Ryde is top town for UK house price growth"},"content":{"rendered":"
The list of top 10 towns for property price growth is a diverse mix that reflects how local factors are playing an important role in the market.<\/strong><\/p>\n Leading the results in figures recently published is Ryde on the Isle of Wight, where prices rose by 10.24% in 2018 and a property costs, on average, \u00a3242,016. The town of around 32,000, with transport links to Portsmouth and Southsea, was the only one in Zoopla\u2019s survey to record a rise in double figures.<\/p>\n Second in Zoopla\u2019s list is Smethwick, the town around four miles from the centre of Birmingham where prices went up by 9.67% last year. Properties go for an average of nearly \u00a3164,000, a good base for growth which Savills recently said<\/a> would grow by 19.3% in the West Midlands over the next five years.<\/p>\n Underlining the diversity of Zoopla\u2019s findings is the Norfolk town of Diss appearing in third place. Prices here rose by 7.89% in 2018, and a property costs on average \u00a3311,486 in the area that is on a direct train route to London with a travel time of around 90 minutes.<\/p>\n Looking at the bigger picture, Zoopla\u2019s figures say that the UK property market grew by 1.02% in 2018. Around \u00a383bn was added to the entire market, which is now worth \u00a38.29 trillion.<\/p>\n Breaking the UK down into regions, Scotland lead the way with prices rising by an average of 6.43% to an average of \u00a3195,739. Welsh property rose by just under 4% to \u00a3192,362, \u00a38k higher than what the Principality Building Society<\/a> described as an \u201call-time high\u201d in October. \u00a0In the East Midlands, prices have risen by a touch under 3% to stand at an average of \u00a3220,746.<\/p>\nDiversity<\/h4>\n
Zoopla’s top 10 for 2018<\/h4>\n